Paramount has restored the legendary Best Picture winner for a one-day engagement.

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Paramount Pictures and Cinemark theater chain plan to make you an offer you can't refuse with a "Godfather" re-release.

A restored version of Francis Ford Coppola's Oscar-winning Mafia saga "The Godfather" is returning to theaters for a one-day engagement March 1 in an exclusive cooperation between Paramount Pictures and the Cinemark theater chain, according to the Hollywood Reporter.

The iconic American classic — which was released in 1972 to massive critical acclaim and record-breaking box-office returns — will screen in 55 Cinemark XD auditoriums across the country on March 1.

The blink-and-you'll-miss-it "Godfather" re-release comes just one month before another legendary Oscar-winner, James Cameron's 1997 box-office smash "Titanic," returns to theaters in digitally-remastered 3D on April 6 to commemorate the 100th anniversary of the real-life liner's maiden voyage (and the 100th birthday of Paramount Pictures, which co-produced the film with 20th Century Fox).

As Web-based video streaming services like Netflix, Hulu and Amazon Plus — not to mention the perniciousness of illegal file-sharing — continue to threaten Hollywood's theatrical distribution model, high-profile re-releases have been a reliable (if artistically unadventurous) cash cow for an industry in transition.